|
|
|
|
Dictionary of Law |
security deposit :: legal definitionSecurity deposit - n. a payment required by a landlord from a tenant to cover the expenses of any repairs of damages to the premises greater than normal "wear and tear." The security deposit must be returned within a short time (varying by states) after the tenant vacates, less the cost of repairing any unusual damage. Unfortunately for tenants, these damages are usually subject to the judgment of the landlord, who may desire to paint and refinish on the tenant's money, which results in many small claims suits. In a few states the security deposit must be kept in a separate bank account, and some states require payment of interest on the amount held as a deposit. A security deposit is sometimes confused with a deposit of the "last month's rent," which may be credited to the tenant for the final month's rent. A security deposit cannot be used legally as a rent credit. See also: landlord and tenant lease rent and Related Law Terms ↓ Related Law Termsacceleration clause :: n. a provision in a contract or promissory note th ... . See also: acceleration assumptionadministrator :: n. the person appointed by the court to handle the ... e also: administer executor probate articles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporation attorney's fee :: n. the payment for legal services. It can take sev ... ees in the particular type of case. bank :: n. 1) an officially chartered institution empowere ... erred to as "in bank" or "en banc." bankruptcy :: n. a federal system of statutes and courts which p ... y proceedings trustee in bankruptcy chattel mortgage :: n. an outmoded written document which made a chatt ... ed by the property. See also: UCC-1 comparative negligence :: n. a rule of law applied in accident cases to dete ... utory negligence damages negligence consumer protection laws :: n. almost all states and the federal government ha ... rranty product liability securities corporation :: n. an organization formed with state governmental ... ation public corporation securities divorce :: 1) n. the termination of a marriage by legal actio ... y separate property spousal support equitable estoppel :: n. where a court will not grant a judgment or othe ... also: clean hands doctrine estoppel grace period :: n. a time stated in a contract in which a late pay ... the contract, i.e. your insurance. habitable :: adj. referring to a residence that is safe and can ... rent. See also: landlord and tenant hit and run :: n. the crime of a driver of a vehicle who is invol ... , and then walks back to the scene. holdover tenancy :: n. the situation when a tenant of real estate cont ... to a lawsuit for unlawful detainer. incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock interrogatories :: n. a set of written questions to a party to a laws ... ing. See also: deposition discovery jury :: n. one of the remarkable innovations of the Englis ... hallenge sequester venire voir dire landlord and tenant :: n. the name for the area of law concerning renting ... ord lease lessee lessor rent tenant landlord's lien :: n. the right of a landlord to sell abandoned perso ... to the ex-tenant and a public sale. lease :: 1) n. a written agreement in which the owner of pr ... triple net lease unlawful detainer legal age :: n. the age at which a person is responsible for hi ... so: infancy juvenile court minority lessee :: n. the person renting property under a written lea ... lord and tenant lease lessor tenant lessor :: n. the owner of real property who rents it to a le ... lord and tenant lease lessee tenant libel :: 1) n. to publish in print (including pictures), wr ... libel per se public figure slander lien :: n. any official claim or charge against property o ... ord's lien mechanic's lien mortgage limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership long-arm statute :: n. law which gives a local state court jurisdictio ... rt jurisdiction over the defendant. loss of use :: n. the inability to use an automobile, premises or ... ding or premises. See also: damages marriage :: n. the joining of a male and female in matrimony b ... of time without legal formalities. month-to-month :: adj. referring to a tenancy in which the tenant pa ... e also: landlord and tenant tenancy mortgage :: n. a document in which the owner pledges his/her/i ... losure notice of default trust deed negligence :: n. failure to exercise the care toward others whic ... gence per se res ipsa loquitur tort no fault insurance :: n: a type of automobile insurance required of car ... ling lawsuits. See also: negligence notice to quit :: n. the notice given by a landlord (owner) to a ten ... h-to-month notice unlawful detainer partial breach :: n. the failure to meet a term of a contract which ... g in the missing or expected items. promissory note :: n. a written promise by a person (variously called ... lso: interest obligee obligor usury property damage :: n. injury to real or personal property through ano ... l value. See also: damages property prospectus :: n. a detailed statement by a corporation required ... rporation limited partnership stock rape :: 1) n. the crime of sexual intercourse (with actual ... See also: date rape statutory rape reasonable wear and tear :: n. commonly used in leases to limit the tenant's r ... ble wear and tear." See also: lease recoupment :: n. the right of a defendant in a lawsuit to demand ... ter, including outside the lawsuit. statute of limitations :: n. a law which sets the maximum period which one c ... ies. See also: demurrer laches toll subject to :: adj. referring to the acquisition of title to real ... : assumption deed of trust mortgage sublease :: n. the lease to another of all or a portion of pre ... and sublease. See also: lease rent tenancy at sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer tenancy at will :: n. occupation of real property owned by another un ... right to occupy. See also: tenancy Thirty-day notice :: n. a notice by a landlord to a tenant on a month-t ... e also: landlord and tenant service three-day notice :: n. a notice to pay delinquent rent or quit (leave ... nd tenant service unlawful detainer transcript :: n. the written record of all proceedings, includin ... unless transcription is requested. unlawful detainer :: n. 1) keeping possession of real property without ... Thirty-day notice three-day notice Popular Law Searcheslegal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay. forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay. what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger." mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor. clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate. Other Law Terms - Ssaid :: adj. a reference back to a thing that was previous ... automobile in a negligent manner."sale :: n. transfer of something (and title to it) in retu ... contract forced sale sheriff's sale salvage :: 1) v. to save goods. 2) n. payment to a person or ... which saves cargo from a shipwreck. sanction :: n. 1) a financial penalty imposed by a judge on a ... ction." See also: contempt of court satisfaction :: n. receiving payment or performance of what is due ... n contract satisfaction of judgment satisfaction of judgment :: n. a document signed by a judgment creditor (the p ... ord. See also: abstract of judgment satisfaction of mortgage :: n. a document signed by a lender acknowledging tha ... id off the debt. See also: mortgage save harmless :: v. 1) also called hold harmless, to indemnify (pro ... . See also: hold harmless indemnify savings and loan :: n. a banking and lending institution, chartered ei ... vings into the home finance market. scienter :: n. Latin for "having knowledge." In criminal law, ... ents were lies and thus fraudulent. scintilla :: n. Latin for "spark." Scintilla is commonly used i ... ark) upon which to base a judgment. scope of employment :: n. actions of an employee which further the busine ... ter and servant respondeat superior scrivener :: n. a person who writes a document for another, usu ... r practicing law without a license. seal :: n. a device which creates an impression upon paper ... e "sealed," but that is rare today. sealed verdict :: n. the decision of a jury when there is a delay in ... reconvenes. See also: jury verdict sealing of records :: n. trial records and decisions which a judge order ... eep the terms from public scrutiny. search :: v. 1) to examine another's premises (including a v ... e search and seizure search warrant search and seizure :: n. examination of a person's premises (residence, ... robable cause search search warrant search warrant :: n. a written order by a judge which permits a law ... ble cause search search and seizure second degree murder :: n. a non-premeditated killing, resulting from an a ... t degree murder manslaughter murder |